Experience Old Town Warrenton Inc
Nonprofit profile at a glance
- EIN
- 821446936
- IRS 990-EZ coverage
- 2017–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2017
- Location
- Warrenton, VA, USA
- Phone
- 5403498606
- Rating
- 59
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Community, Neighborhood Development
Reported finances
- Revenue
- $160,027
- Expenses
- $199,462
- Assets
- $12,155
- Liabilities
- $2,596
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- JOELLE FRYMAN (EXECUTIVE DIRECTOR)
- MATTHEW CARSON (PRESIDENT)
- CASEY WARD (VICE PRESIDENT)
People named in this filing
- JOELLE FRYMAN (EXECUTIVE DIRECTOR)
- MATTHEW CARSON (PRESIDENT)
- CASEY WARD (VICE PRESIDENT)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To foster and inspire an environment in old town warrenton that enhances economic vitality while preserving the historic character of the community and to promote a rich and appealing cultural atmosphere to live, play and do business.
What it reported doing in 2024
Old town after hours is a recurring community engagement and economic development program organized to support local businesses by strengthening community ties, increasing foot traffic in old town during non-peak hours, and supporting the visibility and economic vitality of small, locally owned businesses.
Operating model
- Revenue model
- Donor-supported. 82% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
MIXED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 29
- Transparency & Controls: 100
- Sustainability: 8
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 30.6%; rating input score 31
- Program expense ratio: 24.5%; rating input score 25
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -24.6%; rating input score 6; 6th percentile among comparable filings
- Total-asset coverage ratio: 0.06; rating input score 8; 8th percentile among comparable filings
- Liabilities to assets ratio: 0.21; rating input score 18; 18th percentile among comparable filings
- Officer compensation ratio: 32.8%; rating input score 10; 10th percentile among comparable filings
Growth
- Program expense growth: 5.3% per year; rating input score 100; 48th percentile among comparable filings
- Revenue growth: 9.1% per year; rating input score 100; 64th percentile among comparable filings
- Asset growth: -0.8% per year; rating input score 0; 25th percentile among comparable filings
Details
- Where the money goes: 30.6% of revenue deployed · 24.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $49K in reported program spending
- Leadership: top reported pay $0 · 10 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 7 filing years from 2017 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Mission deployment rate scored 31/100.
- High — Financial Efficiency: Program expense ratio scored 25/100.
- High — Sustainability: Operating margin scored 6/100.
- High — Sustainability: Total-asset coverage ratio scored 8/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 10/100.
- High — Sustainability: Liabilities to assets ratio scored 18/100.